NEW YORK , Oct. 5, 2022 /PRNewswire/ -- The "Global Autonomous Vehicle Sensors Market by Product and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. According to the report, the market size will grow by 42.32 million units, accelerating at a CAGR of 20.34% during the forecast period. Technavio has considered various aspects such as the consumer base, adoption rate, average selling price, revenue generated by vendors, and various other factors to estimate the market size. Download Sample PDF Report Here to get an idea of the overall scope of the full report.
The development of an autonomous fleet of cab and parcel delivery services is identified as one of the major trends in the market. Major automobile manufacturers have been focusing on the development of autonomous technologies for cab and delivery services. For instance, Mercedes Benz entered into a partnership with Uber to develop autonomous cabs by 2021. Similarly, Ford entered into a partnership with Lyft, an online ride-sharing company, to develop a fleet of autonomous taxis by 2021. Ford is developing an automotive AI that can be integrated into the vehicles under Lyft. The partnership mainly allows Ford to leverage the entire fleet owned by Lyft for testing the capabilities of automotive AI. This trend is expected to have a positive impact on the growth of the market during the forecast period.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The autonomous vehicle sensors market report covers the following areas:
Autonomous Vehicle Sensors Market Size
Autonomous Vehicle Sensors Market Trends
Autonomous Vehicle Sensors Market Industry Analysis
Technavio categorizes the global autonomous vehicle sensors market as a part of the global auto parts and equipment market within the global auto components market. The global auto parts and equipment market covers companies engaged in the production of parts and accessories for automobiles like passenger cars (PCs), electric vehicles (EVs), commercial vehicles (CVs), heavy-duty vehicles, and off-road vehicles, motorcycles, scooters, quad bikes, and three-wheelers. The growth of the parent market will be driven by the increase in electronic components in automobiles and the integration of safety systems.
The market in focus will be driven by the maturing autonomous vehicle concept. However, system reliability and uncertainty in user acceptance of autonomous features might hamper the market growth. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Aptiv Plc, Asahi Kasei Corp., Brigade Electronics Group Plc, Continental AG, Denso Corp., First Sensor AG, Gentex Corp., HELLA GmbH and Co. KG, Ibeo Automotive Systems GmbH, LeddarTech Inc., Lumentum Holdings Inc., Mitsubishi Electric Corp., Nidec Corp., NXP Semiconductors NV, ON Semiconductor Corp., PIXELPLUS Co. Ltd, Robert Bosch GmbH, Siemens AG, STMicroelectronics NV, and Valeo SA are identified as major market participants.
Autonomous Vehicle Sensors Market 2022-2026: Segmentation
The global autonomous vehicle sensors market is segmented as below:
Identify potential segments to invest in over the forecast period. Read Sample Report Now
Autonomous Vehicle Sensors Market 2022-2026: Key Highlights
CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will assist autonomous vehicle sensors market growth during the next five years
Estimation of the autonomous vehicle sensors market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the autonomous vehicle sensors market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of autonomous vehicle sensors market vendors
Autonomous Vehicles Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025
Autonomous Vehicle Development Platform Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025
Autonomous Vehicle Sensors Market Scope
Accelerate at a CAGR of 20.34%
North America, Europe, APAC, South America, and Middle East and Africa
US, China, Japan, Germany, and France
Leading companies, competitive strategies, consumer engagement scope
Aptiv Plc, Asahi Kasei Corp., Brigade Electronics Group Plc, Continental AG, Denso Corp., First Sensor AG, Gentex Corp., HELLA GmbH and Co. KG, Ibeo Automotive Systems GmbH, LeddarTech Inc., Lumentum Holdings Inc., Mitsubishi Electric Corp., Nidec Corp., NXP Semiconductors NV, ON Semiconductor Corp., PIXELPLUS Co. Ltd, Robert Bosch GmbH, Siemens AG, STMicroelectronics NV, and Valeo SA
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
3.4 Market outlook: Forecast for 2021-2026
5.3 Image sensors - Market size and forecast 2021-2026
5.4 Radar sensors - Market size and forecast 2021-2026
5.5 LiDAR sensors - Market size and forecast 2021-2026
5.6 Other sensors - Market size and forecast 2021-2026
7.3 North America - Market size and forecast 2021-2026
7.4 Europe - Market size and forecast 2021-2026
7.5 APAC - Market size and forecast 2021-2026
7.6 South America - Market size and forecast 2021-2026
7.7 Middle East and Africa - Market size and forecast 2021-2026
7.8 US - Market size and forecast 2021-2026
7.9 Germany - Market size and forecast 2021-2026
7.10 China - Market size and forecast 2021-2026
7.11 Japan - Market size and forecast 2021-2026
7.12 France - Market size and forecast 2021-2026
8.3 Impact of drivers and challenges
10.7 HELLA GmbH and Co. KG
11.3 Currency conversion rates for US$
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/
View original content to download multimedia:https://www.prnewswire.com/news-releases/autonomous-vehicle-sensors-market-size-to-grow-by-42-32-million-units-development-of-an-autonomous-fleet-of-cab-and-parcel-delivery-services-emerge-as-key-trend--technavio-301640550.html
The U.S. emergency oil reserves haven’t been this low in four decades.
Investing in Warren Buffett's biggest holdings can be a winning tactic, but don't overlook the companies that occupy smaller positions in Berkshire Hathaway's portfolio.
Usually Amazon is the tech leader, but Walmart may actually have an edge that will help customers get what they want faster.
(Bloomberg) -- China criticized expanded US restrictions on its access to semiconductor technology, saying they’ll harm supply chains and the world economy.President Joe Biden administration announced the export curbs on Friday, escalating tensions between the two countries and adding complications for an industry faced with slumping demand. The measures seek to stop China’s drive to develop its own chip industry and advance its military capabilities. They include restrictions on the export of s
As per a Worker Adjustment and Retraining Notification, Walmart Inc (NYSE: WMT) looks to lay off 1,458 workers at the e-commerce fulfillment center in Fulton Parkway in Atlanta, Georgia. "We're converting the fulfillment center on Fulton Parkway to support our growing WFS (Walmart Fulfillment Services) business," Reuters reports quoting Walmart spokesperson Scott Pope. Also Read: Walmart Strategically Times Its Holiday Sales Event To Win More Shoppers From Amazon Walmart notified the workers in
In this article, we will take a look at 10 of the most valuable internet companies today versus in 2000. If you want to see some more of the most valuable internet companies today versus 2000, go directly to 5 Most Valuable Internet Companies in 2000 vs. Today. The 10 most valuable internet companies have […]
OPEC's decision to cut production has heightened tensions between the oil group and the U.S. government.
Auto maker says an improperly installed fastener could cause excess wheel tilt and a potential loss of steering control.
The bull-and-bear debate around the prospects for copper and copper mining stocks, like Freeport-McMoRan (NYSE: FCX), continues to rage on. On the other hand, the bulls argue that both the demand and supply are favorable for the copper industry over the long term.
The companies that make up the S&P 500 would already be in a so-called earnings recession this year if it weren’t for higher oil prices.
The looming demise of Juul Labs represents a big opportunity for tobacco giant Altria Group (NYSE: MO) to reenter the electronic cigarette market. Having previously given up its own ambitious e-cig growth strategy in exchange for an ownership stake in Juul, which at the time was an industry colossus with a 75% market share, Altria has watched the value of its $13 billion investment go up in smoke. At the end of June, the cigarette maker had written down the value of Juul to a meager $450 million, a 96% loss in value.
Choosing the right age for retirement means understanding all the planning that's required beforehand, as well as what you may need to do afterward if you retire early. The way you shape your financial plan can be very different if … Continue reading → The post How to Retire at 57: Step-by-Step Plan appeared first on SmartAsset Blog.
Memory chips provide a key barometer of health for the semiconductor industry, which is reckoning with a sudden shift from pandemic strength to an abrupt drop-off in demand.
Earlier this week, OPEC decided to cut oil production by 2 million barrels a day, which had an immediate effect on prices. Wex's fleet-solutions segment generates much of its revenue by processing fuel transactions for corporate fleets. In Wex's annual report, management said that every $0.01 change in the price of a gallon of gas can lead to a $1.5 million change in revenue.
Chinese electric vehicle maker Nio will only lease its cars when it launches in four European markets this year, its CEO told Reuters on Friday, betting that flexibility will be a key selling point as drivers switch to the new technology. Users will be able to lease a car with a 75 gigawatt hour battery for 1,199-1,295 euros ($1,171-$1,264) a month depending on the length of the subscription, which can be as short as a month. The plan is the latest unconventional move by the company, which already allows customers to rent rather than buy the battery - the most expensive part of an electric vehicle (EV).
They did it to Huawei. Now, the United States is going after China's advanced computing and supercomputer industry. A little-known rule that enables U.S. regulators to extend their technology export control powers far beyond America's borders to transactions between foreign countries and China.
One reason that OPEC seems comfortable cutting production to push prices higher is that the cartel is less concerned with losing market share than it was in the past.
Google (GOOG, GOOGL) is finally sounding off on its blockbuster $5.4 billion acquisition of cybersecurity firm Mandiant, expressing the extent of the company's ambitions in the sector.
BlackRock caught in the crosshairs of an increasingly politicized campaign against environmentally minded investing, is issuing a public rebuttal to accusations that it boycotts the fossil fuel industry in its funds. The company has created a new webpage aimed at “setting the record straight” on its approach to energy investing, noting that it has extensive investments in oil and gas production and services companies. “The energy industry plays a crucial role in the economy, and, on behalf of our clients, BlackRock has invested $170 billion in U.S. public energy companies,” the fund giant said on the new webpage.
As the long-time CEO of Toll Brothers, he brought a founder's passion and focus on details to the business.